Thursday, July 3

Here is a quick and complete guide to the currency of Saint Vincent and the Grenadines:


Currency of Saint Vincent and the Grenadines

Name:

Eastern Caribbean Dollar

Currency Code:

XCD

Symbol:

EC$ (also commonly written as $ when used locally)


Key Facts:

  • Shared currency used by 8 Caribbean countries:
    • Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines
  • Managed by the Eastern Caribbean Central Bank (ECCB), headquartered in Basseterre, Saint Kitts.
  • The Eastern Caribbean Dollar is pegged to the U.S. Dollar.

Exchange Rate (Fixed)

  • 1 USD = 2.70 XCD

This fixed rate makes it stable for trade and tourism.


Common Banknotes:

  • $5, $10, $20, $50, $100
  • Colorful, often featuring:
    • Queen Elizabeth II (older notes)
    • Local cultural symbols, flora, and historical figures

Common Coins:

  • 1 cent (rare), 2 cents, 5 cents, 10 cents, 25 cents, $1

Spending & Usage:

  • EC$ is accepted throughout Saint Vincent and the Grenadines.
  • U.S. Dollars are also accepted in tourist areas, but change is usually given in EC$.
  • ATMs, credit/debit cards, and online banking are widely available, especially in Kingstown.

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